Qualified Disclaimers: Flexible Estate Plans A Flexible Estate Plan allows decisions to be made in the future when more is known. Qualified Disclaimer Estate Planning is flexible and tax-efficient. Pay attention if you have beneficiary forms that control how assets pass […]
How Should Grandparents Give Money to Grandkids? How can grandparents give money to their grandkids? How nice of you to ask! Let’s start with tax-free giving and go from there! How Much Money Can a Grandparent Give a Grandchild Tax-Free? […]
529s as Retirement Plans With Secure 2.0 allowing you to move leftover 529 money to a Roth IRA, is now the time to talk about 529 retirement plans? Should you use a 529 plan as a bonus retirement account? Of […]
Self-Funding Long Term Care Building wealth and self-funding long-term care insurance gives you the best of both worlds. Since there are no good options for long-term care insurance, the baseline case is self-funding. Neither Medicaid nor insurance are great options; […]
Velocity Banking Calculator Does mortgage acceleration work? How can you more efficiently use your paycheck to accelerate your mortgage payoff? Use “offset accounting” to make interest while offsetting or reducing the balance of another account. So, for instance, you have […]
Planning for a SEPP 72(t) and FIRE Learning about a SEPP 72(t) is a rite of passage on the journey to FIRE. Do you need a SEPP 72(t)? How can you model one? Or, wait, should I build a 5-year […]
Cash-out a 401k for real estate investors Have you thought about cashing out a 401k to invest in real estate? Real Estate Investors invest in real assets rather than retirement accounts. Investors with significant qualified retirement accounts discuss cashing out […]
W-2 Income Tax Deductions from Farming and Ranching If you have W-2 income, what tax deductions are fair game to shelter some of it? Of course, we are well beyond talking about the hobby rules here; you have legitimate […]